Arden Group Acquires Industrial Property In Tampa For $31.8M

Arden Group, led by Craig A. Spencer and Avistone, has acquired an industrial property located at 5402-5460 Breckenridge Parkway in Tampa. The property spans 334,000 square feet and was sold for a price of $31,800,000, resulting in a price per square foot of $95.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $31,800,000
• Address: 5402-5460 Breckenridge Parkway, Tampa
• Market: Tampa
• Buyer: Arden Group – Craig A. Spencer & Avistone
• Brokers: Bret Felberg, Jeff Morris, John Dunphy & Peter Cecora – JLL

The deal was facilitated by JLL brokers Bret Felberg, Jeff Morris, John Dunphy, and Peter Cecora. The involvement of these brokers showcases their expertise in the Tampa market and their ability to successfully negotiate and close significant transactions.